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Dec 31, 2012
12/12
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KTVU
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, it is 6 or 7% and i don't believe all of it will go on the deficit. when we raised the debt ceiling in august of 2011, we borrowed $2.1 billion. we spent that much money, in 17 months. why would i raise the debt ceiling again, unless we address what put us in debt to begin with? i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, and social security and medicare, here's what i would like, meaningful entitlement reform, not to turn social security into private accounts, not to take a voucher approach to medicare. but, adjust the age for social security, cpi changes and means testing and look beyond the ten-year window. i cannot in good conscience raise the debt ceiling without addressing the long term debt problems of this country and i will not. >> chris: and, senator feinstein, you heard president obama say we have to get out of the habit and will not start trading debt ceiling increases for spending cuts. >> i think the key to what he is saying is that you don't affect people at this time. wh
, it is 6 or 7% and i don't believe all of it will go on the deficit. when we raised the debt ceiling in august of 2011, we borrowed $2.1 billion. we spent that much money, in 17 months. why would i raise the debt ceiling again, unless we address what put us in debt to begin with? i'm not going to raise the debt ceiling unless we get serious about keeping the country from becoming greece, and social security and medicare, here's what i would like, meaningful entitlement reform, not to turn...
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Dec 27, 2012
12/12
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CSPAN
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eye 114
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finance our deficits. and this is precisely how it worked. and the trouble was -- and if you want to understand exactly how the capital gains profits were attracted to the united states -- there are some key elements. there were some key elements. one was the proliferation of blue-collar workers in united states. that kept prices low. even with the oil crisis, prices in the united states rose more slowly than they did in japan or europe. so, if you were japanese or german, the profits, where do you invest them? where do you keep them? you keep them with the low inflation rate. that is one reason. one mechanism that helps attract the capital from the rest of the world and close the loop. wall street was another. it has an amazing capacity to create a metaphysical value out of nothing. walmart was another. is promoted the ideology of cheapness, which was calculated so brilliantly. nobody needs a gallon of pickles. i don't think it fits in a fridge. why was walmart producing it? i think it was a symbolic gest
finance our deficits. and this is precisely how it worked. and the trouble was -- and if you want to understand exactly how the capital gains profits were attracted to the united states -- there are some key elements. there were some key elements. one was the proliferation of blue-collar workers in united states. that kept prices low. even with the oil crisis, prices in the united states rose more slowly than they did in japan or europe. so, if you were japanese or german, the profits, where do...
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Dec 29, 2012
12/12
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KQED
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eye 429
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presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that they could that the fiscal cliff deadline lapse an
presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >>...
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Dec 28, 2012
12/12
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WETA
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eye 114
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presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that they could that the fiscal cliff deadline lapse an
presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >>...
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for example who are living in cairo to vote in cairo like in the nineteenth of march so we had this deficit of one million people but if we compare the numbers of referendum who won't find any differences. but figures suggest only around hull of all egyptians support the islamists so how do you intend to gain greater backing. while. again again please all right we have reports and figures in general peter gration of course the figures suggest only around hustle all egyptians in your country support there is limits how do you intend to gain greater backing. we are going to gain. this by by by time you see a lot of people are already entered by what is in the media and our media is against the islamic. parties but by time people would see how we deal with the problems and i think this willing to use our popularity in the coming. in the coming election i see also the muslim brotherhood your party has been known for its anti israel views has that position now changed probably all can we expect increased tension now between the neighboring countries egypt and israel . we don't we don't have inte
for example who are living in cairo to vote in cairo like in the nineteenth of march so we had this deficit of one million people but if we compare the numbers of referendum who won't find any differences. but figures suggest only around hull of all egyptians support the islamists so how do you intend to gain greater backing. while. again again please all right we have reports and figures in general peter gration of course the figures suggest only around hustle all egyptians in your country...
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Jan 1, 2013
01/13
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KTVU
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some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make a full recovery. however clots are potentially serious if not treated. they can lead to a hemorrhage inside the brain. it's believed this blood clot is related to the concussion secretary of state clinten suffered earlier this month. >>> the accident happened near the ma colome river bridge on highway 12 east of rio vista. first reports of the accident me i9:15 this evening. highway 12 is closed in the
some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the...
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Dec 31, 2012
12/12
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KTVU
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boehner issued a statement that says republicans have made every effort to reach the balanced deficit agreement that the president promised the american people. we've been reasonable and responsible. the president is the one who has never been able to get to yes. >> what the people reelected me for is to put together a -- >>> the dairy cliff may not see a vote before 2013. leaders from the house and senate agricultural committees agreed to a one year extension of the farm bill. but there's been no time to get a full vote. without passage of the bill, milk prices could rise sharply. estimates are that a gallon of milk could go up to $8 a gallon. >>> prices for just about everything in california are about to go up. coming up at 10:30, what's behind the price increases and when you'll have to stay parting more. >>> tonight doctors in new york are treating secretary of state hillary clinton for a blood clot. her spokesman said hillary clinton's doctors discovered the clot during a follow up exam. mrs.clinton was immediately admitted into a new york hospital where doctors will monitor her
boehner issued a statement that says republicans have made every effort to reach the balanced deficit agreement that the president promised the american people. we've been reasonable and responsible. the president is the one who has never been able to get to yes. >> what the people reelected me for is to put together a -- >>> the dairy cliff may not see a vote before 2013. leaders from the house and senate agricultural committees agreed to a one year extension of the farm bill....
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Dec 31, 2012
12/12
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CSPAN
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we have to make cuts in budgets because we're dealing with a record debt in deficit. but if he wants to talk about consistency, perhaps he can explain why his own members of the european parliament voted against the budget freeze that we achieved last year. perhaps he could explain why the socialist group the european parliament are calling not for a freeze in the budget or an increase, but for a $200 billion euro increase in the budget. and while they're at it, they want to get rid of the rest of the economic rebate. >> reality is this -- he can't convince anyone in europe. last year he flounced out of the december negotiations with a veto and the agreement went ahead anyway. he throwed in the towel even before heeze -- he's gun. he's week abroad. he's week at home. he's john major all over again. >> a few hours later the common debate on the e.u. budget began in earnest. >> now, i think this multiannual framework, the e.u. budget a simple word to use is insane. to ask for a 10% real increase above inflation is insulting to our constituents. it's insulting to the peo
we have to make cuts in budgets because we're dealing with a record debt in deficit. but if he wants to talk about consistency, perhaps he can explain why his own members of the european parliament voted against the budget freeze that we achieved last year. perhaps he could explain why the socialist group the european parliament are calling not for a freeze in the budget or an increase, but for a $200 billion euro increase in the budget. and while they're at it, they want to get rid of the rest...
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Dec 27, 2012
12/12
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CSPAN
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eye 112
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and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is came over. -- game over. but if you are the united states of america and there are certain -- and you have the reserve currency of the world, and certain other factors that i will touch upon later, what you can do is you can expand your deficit as long as you create the circumstances so that german entrepreneurs, later chinese, take their profit, which they earned and they send it to wall street. thus closing the cycle, the recycling loop. so, effectively what we have between 1940's and 1971, 1973, you had global surpluses being recycled from united states to the rest of the world. the capitalist world. the western world. ok? so, the united states was an exporter to europe and japan. it was making profits. it was then recycling to europe and japan. so they would keep on buying. once the surplus shifted to japan, germany, and china, the idea that volcker had was a we will swap this. we will just turn it on its head. we will e
and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is came over. -- game over. but if you are the united states of america and there are certain -- and you have the reserve currency of the world, and certain other factors that i will touch upon later, what you can do is you can expand your deficit as long as you create the circumstances so that german entrepreneurs, later chinese, take their profit, which they earned and they send it to wall...
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Dec 25, 2012
12/12
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KTVU
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unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii for christmas. he says he will cut his vacation short to try to hammer out a deal with republicans. i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrat
unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most...
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debt and we'll just wait till next year and they thought it would go up quite a bit further but the deficit ran up so much faster than anticipated we'll take care of it tomorrow and that's all the politicians in the us are anywhere too they're not proactive they're not problem solvers they don't care about you and all they care about is their own little power and you know let the rest of the world be damned the average american doesn't understand why his country by the world economy is going down the drain all they know is class warfare which is what the administration wants that the banks are getting rich and they're getting poorer they don't understand why any of this is happening so for the average american they're going to pay some more taxes but the average american is in fear of losing his job and losing everything that he's worked this whole life for and he doesn't have a clue why. the financial. the fiscal cliff is just more of fear from bankers and politicians trying to distract from the underlying root. that is a bunch of. bankers who are manipulating the system. trying the econom
debt and we'll just wait till next year and they thought it would go up quite a bit further but the deficit ran up so much faster than anticipated we'll take care of it tomorrow and that's all the politicians in the us are anywhere too they're not proactive they're not problem solvers they don't care about you and all they care about is their own little power and you know let the rest of the world be damned the average american doesn't understand why his country by the world economy is going...
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Jan 1, 2013
01/13
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KTVU
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. >> reporter: he says a deficit will sink us. >> in order for employers to employ we need buyers to buy and the only way we can have that is a strong economy. >> reporter: other important issues, the debt ceiling are looming. >> death issues and a budget -- debt issues and a budget. >> reporter: you are paying for all of it. i am consumer editor tom vacar, ktvu channel 2 news. >> and coming up at 6:00 p.m., ktvu's ken pritchett will break down thim pact the delay is having in -- down the delay is having here. >> wall street ended the year on a winning note. the dow is up 166 to 13,104., breaking a 5 day losing streak. the nasdaq is up 59 at 3,019. here is what the numbers mean to you. if you invested $10,000 in the dow you would have made more than a 7% profit. the s&p13.5% profit. nasdaq 16%. for that $10,000 investment in the dow $730. $1,340 on the s&p and $1,590 on the nasdaq. >> police are investigating the 46th killing of the year in san jose after a man was shot today. it happened at an apartment complex this afternoon. police received a 911 call that a man with a gun was in
. >> reporter: he says a deficit will sink us. >> in order for employers to employ we need buyers to buy and the only way we can have that is a strong economy. >> reporter: other important issues, the debt ceiling are looming. >> death issues and a budget -- debt issues and a budget. >> reporter: you are paying for all of it. i am consumer editor tom vacar, ktvu channel 2 news. >> and coming up at 6:00 p.m., ktvu's ken pritchett will break down thim pact the...
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Dec 30, 2012
12/12
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WBAL
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eye 138
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biggest sticking points is should new leff new from tax increases be used to pay down the country's deficit or used to cover the cost of preventing sweeping government spending cuts? no ordinary sunday. arriving at the capitol, congressional leaders' every move and every word under scrutiny, as the country waits, weighing in from the white house, the president, who appeared on "meet the press," pushed republicans to give on taxes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> reporter: inside closed door negotiations this weekend, aipds say there have been "constructive move." on key issues like taxes, including compromise on where to set higher rates for wealthier americans and avoiding a jump in inheritance taxes. but this afternoon, republican leader mitch mcconnell complained that democrats had failed to deliver a promised counteroffer. so mcconnell called for help, phoning vice president biden who came to the white
biggest sticking points is should new leff new from tax increases be used to pay down the country's deficit or used to cover the cost of preventing sweeping government spending cuts? no ordinary sunday. arriving at the capitol, congressional leaders' every move and every word under scrutiny, as the country waits, weighing in from the white house, the president, who appeared on "meet the press," pushed republicans to give on taxes. >> i think it's been very hard for speaker...
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Dec 30, 2012
12/12
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FOXNEWSW
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that is only 5% or 6% of the deficit. when it comes to defense spending the only reason i would vote for this deal if sequestration is not included is trusting people like dianne to work with me to make sure it never becomes a reality post january 1. >> chris: even if you get the automatic cuts which are $110 billion or $120 billion in the first year even if you get those the deal that you are talking about does not reduce our national debt because extending the bush tax cuts on 98%, 99% of americans it will actually increase the debt by trillions of dollars over the next decade. the question is when are you guys going to get serious about spending? >> we are getting serious about spending. we already cut spending between the c.r. and the affordable care act. we cut spending a trillion dollars plus. how to there is an argument over how much but let's say it is a trillion and a half dollars. having said that, i think there is a commitment to cut spending. if you do it by virtue of sequestration it falls regardless of prior
that is only 5% or 6% of the deficit. when it comes to defense spending the only reason i would vote for this deal if sequestration is not included is trusting people like dianne to work with me to make sure it never becomes a reality post january 1. >> chris: even if you get the automatic cuts which are $110 billion or $120 billion in the first year even if you get those the deal that you are talking about does not reduce our national debt because extending the bush tax cuts on 98%, 99%...
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Dec 31, 2012
12/12
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CSPAN2
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eye 93
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there was going to be no deficit reduction. unbelievable, unbelievable that all the money was going to be out the door as soon as it came in. as a matter of fact, before it came in, it was going to be spent. so, mr. president, i just want to say i know the president enjoys heckling and having pep rallies to try to get congress to act instead of sitting down and actually negotiating, but i hope that what's going to happen is we will end up following through on the reductions in spending that need to take place to replace this sequester. i will also add just for what it's worth the last time we extended unemployment insurance, we paid for it. the last time we did not cause the doc fix s.g.r. to go into place, we paid for it. and i hope that as this negotiation goes forth, we keep the same principles in place that we've had. this country has over $16 trillion in debt. sequester was put in place because we couldn't reach an agreement on reductions, but we knew they had to take place. and, mr. president, i hope we will continue to h
there was going to be no deficit reduction. unbelievable, unbelievable that all the money was going to be out the door as soon as it came in. as a matter of fact, before it came in, it was going to be spent. so, mr. president, i just want to say i know the president enjoys heckling and having pep rallies to try to get congress to act instead of sitting down and actually negotiating, but i hope that what's going to happen is we will end up following through on the reductions in spending that...
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Dec 31, 2012
12/12
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WGN
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the same is true for any future deficit agreement. obviously we're going to have to do more to reduce our debt and deficit. i'm willing to do more. it is going to have to be balanced. it has to be a balanced and responsible way. i'm willing to reduce our government's medicare bills by finding new ways to reduce the cost of health care in this country. that is something that we all should agree on. we want to make sure that medicare is there for future for generations. the cost of health care is going up so high that we have to find ways to make sure that is sustainable. that kind of reform has to go hand-in-hand with doing some more work to reform our tax code so that wealthy individuals the biggest corporations cannot take advantage of loopholes and reductions that i not available to most of the folks standing up here. are not available to most americans. there's still more work to be done to make it fair even as we also look at how we can strengthen something like medicare. if republicans think that i will finish the job of deficit
the same is true for any future deficit agreement. obviously we're going to have to do more to reduce our debt and deficit. i'm willing to do more. it is going to have to be balanced. it has to be a balanced and responsible way. i'm willing to reduce our government's medicare bills by finding new ways to reduce the cost of health care in this country. that is something that we all should agree on. we want to make sure that medicare is there for future for generations. the cost of health care is...
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Dec 28, 2012
12/12
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CSPAN
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eye 54
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a very small amount compared to the $1 trillion budget deficit we have been running. host: you have been quoted as saying -- with the fiscal cliff we will see 1 million job losses. guest: that is the assessment we have been getting from the running of our models. the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. a it's a continuation of steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest: we have to recognize that negotiating away from what has been a striking departure from just protecting the mortgage interest deduction, property ownership. any breach to that invites further breaches. our members, even though they recognize the deck is a need to be resolved, any breach will lead to further coming back, low
a very small amount compared to the $1 trillion budget deficit we have been running. host: you have been quoted as saying -- with the fiscal cliff we will see 1 million job losses. guest: that is the assessment we have been getting from the running of our models. the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. a it's a continuation of steady expansion. i wish it was a little faster expansion, but...
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Dec 31, 2012
12/12
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MSNBCW
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we still have deficits that have to be dealt with. we're still going to have to think about how we put our economy on a long-term trajectory of growth and how we continue to make investments in things like education, things like infrastructure that help our economy grow. keep in mind that the threat of tax hikes going up is only one part of this so-called fiscal cliff that everybody has been talking about. what we also have facing us starting tomorrow are automatic spending cuts that are scheduled to go into effect. keep in mind that some of these spending cuts that congress has said will automatically go into effect have an impact on our defense department, but they also have an impact on things like head start and so there are some programs that are scheduled to be cut that we're using an ax instead ax instead of a scalpel. may not always be the smartest cuts and so that is a piece of business that still has to be taken care of. and i want to make clear that any agreement we have to deal with these automatic spending cuts that are b
we still have deficits that have to be dealt with. we're still going to have to think about how we put our economy on a long-term trajectory of growth and how we continue to make investments in things like education, things like infrastructure that help our economy grow. keep in mind that the threat of tax hikes going up is only one part of this so-called fiscal cliff that everybody has been talking about. what we also have facing us starting tomorrow are automatic spending cuts that are...
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Dec 28, 2012
12/12
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CSPAN
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eye 118
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they did not show as a deficit. while the budgets looked reasonable during that time, the actual spending was greater. people did not pay as much attention to the debt. it just kept mounting and growing. we borrowed to pay for the worse when we did not ask people to make sacrifices financially. there is a difference between borrowing in the future, pang forward and backwards, or having to pay right now. people might have felt differently if they had felt a pinch right at the time. they would have asked different questions than were asked. that is one of the reasons we got where we are. >> could you have been any more vocal about appropriations? >> i was vocal. when i got on the appropriations committee, i became chairman of the legislative branch. that is everything, all of the buildings. office buildings, 1700 capitol police forces, and all of their help, support staff. i held the growth flat. then we cut it by almost 5%. this time around, we let it grow a little bit higher. protect the dome so it did not fall in.
they did not show as a deficit. while the budgets looked reasonable during that time, the actual spending was greater. people did not pay as much attention to the debt. it just kept mounting and growing. we borrowed to pay for the worse when we did not ask people to make sacrifices financially. there is a difference between borrowing in the future, pang forward and backwards, or having to pay right now. people might have felt differently if they had felt a pinch right at the time. they would...
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for india eighty percent of their deficit is caused by. gold imports well the indian population is doing what i've been telling people around the world to do by buying silver across j.p. morgan so the indian folks are buying gold to crash the bank stores in india people around the world should be buying silver to crash j.p. morgan buy gold and silver to crash the banks because if they're above the law and no one is going to go after them and they are given a remit to commit massive fraud and financial terrorism then it's up to everyone in the world and the indians are leading the global charge on this i commend you india continue to build your gold hoard kill the banks turns off yeah and finally you know on this one of the reasons why they give for why they store twenty five thousand tons of gold is because there's the government doesn't take care of them there's no social security system but here we have a false illusion that the government is somehow going to take care of us even though all the evidence is there that they only take care
for india eighty percent of their deficit is caused by. gold imports well the indian population is doing what i've been telling people around the world to do by buying silver across j.p. morgan so the indian folks are buying gold to crash the bank stores in india people around the world should be buying silver to crash j.p. morgan buy gold and silver to crash the banks because if they're above the law and no one is going to go after them and they are given a remit to commit massive fraud and...
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418
Jan 1, 2013
01/13
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CNNW
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eye 418
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debt and deficit situation which is a serious issue still doesn't get us into a place like greece. the u.s. has certain flexibility in its financial and fiscal systems that other countries don't have. >> right. well that's true. we can print our own money so yes if we continue this profligate spending without sufficient money to pay for it, other countries can buy our debt. third world countries try that and it usually doesn't end well but another potential glitch is congress has to keep raising the debt limit to allow that kind of mechanism to continue so even though we can print our own currency which reduces the risk of a credit default, if congress refuses to raise the debt limit that could force default and increase problems for us. >> your book is called "bull by the horns" and do you think this is our government taking the bull by the horns this deal? >> no. i wish i could say it really is kicking the can down the road when it. they did make some decisions, permanent inflation indexing of the amt which is good, that's been going on for a long time. we've got permanent extens
debt and deficit situation which is a serious issue still doesn't get us into a place like greece. the u.s. has certain flexibility in its financial and fiscal systems that other countries don't have. >> right. well that's true. we can print our own money so yes if we continue this profligate spending without sufficient money to pay for it, other countries can buy our debt. third world countries try that and it usually doesn't end well but another potential glitch is congress has to keep...
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Dec 24, 2012
12/12
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MSNBCW
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eye 141
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doesn't contribute to the deficit. and we're talking about the deficit. why should social security be discussed in that context? >> completely off the table? >> absolutely. absolutely. and that was the -- and that was our position during the campaign. social security has nothing to do with the deficit. does not contribute to it. walled off from it. its own trust fund with $2.7 trillion in it at the moment. and the american people by huge majorities say we shouldn't be cutting social security or for that matter medicare benefits. you can cut medicare in ways you don't cut benefits and the hypocrisy of republicans that said that democrats are terrible because they took $716 billion from medicare for obama care and what do we want to do? pocket the cuts and add more. our chief demand is entitlement cuts. medicare and social security. >> talk about the debt ceiling and where this is played in to this conversation. that is coming up in february or supposed to come up in february. john boehner made the offer to take it off the table for a year but i want to sho
doesn't contribute to the deficit. and we're talking about the deficit. why should social security be discussed in that context? >> completely off the table? >> absolutely. absolutely. and that was the -- and that was our position during the campaign. social security has nothing to do with the deficit. does not contribute to it. walled off from it. its own trust fund with $2.7 trillion in it at the moment. and the american people by huge majorities say we shouldn't be cutting social...
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Dec 24, 2012
12/12
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unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. >> raising taxes could still be red ink as far as i can see and it would hurt jobs. >> reporter: some long-time lawmakers are dismayed by the perpetual gridlock. >> i feel it's more likely we'll go over the cliff than not and if we allow that to happen, it will be the most colossal consequential act of irresponsible in a long time --er responsibility. >> reporter: president obama is in hawaii. he says he will cut his vacation short to try to hammer out a deal. the deadline a week away. >> if congress does not get anything done, then taxes will most likely go up for everyone. just about everyone on january 1st. unemployment benefits will also expire for many people. >>> international envoy working to end syria's civil war worries won't be able to help. one man said bashar assad discussed possible steps forward but has made little progress because both sides seem to be more interested in fighting. >>> authorities in india used violence to stop a week of rape protests. armed p
unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. >> raising taxes could still be red ink as far as i can see and it would hurt jobs. >> reporter: some long-time lawmakers are dismayed by the perpetual gridlock. >> i feel it's more likely we'll go over the cliff than not and if we allow that to happen, it will be the most colossal consequential act of irresponsible in a long time --er responsibility....
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Dec 28, 2012
12/12
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WJZ
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presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that they could that the fiscal cliff deadline lapse and
presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >>...
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Dec 30, 2012
12/12
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they said almost every day, at the top of the list is, deficit. get the deficit under control. until we actually did it in the 1990's. and why did i have this single- minded focus? i have always understood, the most important responsibility of government is economic security of the people. if you do not have your fiscal affairs in order -- we learned in the economic downturns in my state, the debt to work for you. it can also question. -- the debt can work for you. it can also crush you. i do not want to see the country go through the same kinds of problems. my family lived through the great depression in the 1930's. it exacted a terrible toll on the people in my state. i have always been very focused on economic growth, economic opportunity, and being responsible with the resources that you have. >> we a frequently heard from the republican candidate but this country could become like greece. do you see that as a possibility? >> no. it is a profoundly different situation. i do see the possibility that we could have debt that would truly be harmful. the congressional budget off
they said almost every day, at the top of the list is, deficit. get the deficit under control. until we actually did it in the 1990's. and why did i have this single- minded focus? i have always understood, the most important responsibility of government is economic security of the people. if you do not have your fiscal affairs in order -- we learned in the economic downturns in my state, the debt to work for you. it can also question. -- the debt can work for you. it can also crush you. i do...
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Dec 25, 2012
12/12
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FBC
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serious proposals to reduce the deficit and really end our national debt. potentially, a significant blow to the obamacare controversial o contraceptive mandate. the eighth circuit court of appeals in the preliminary injunction to stop the mandate for being enforced against the missouri catholic businesswne owners.the li the list of statesst o now, refg to set up state-run health care exchanges for insurance. it is growing. arizona becomes the latest to telling federal government but it will have to assume the burden of operating the exchange and the cost and the supervision, perhaps even running backstage, bringing the total number of states refusing to set up an exchange under obamacare to 17 states. ten other states remainm undecided as to the course they will take or it will be state, the way, the 17 states havenow e republican governors.ppellate we are joined now by peter johnson. it's great to see you. >> thank you for having me, louu dobbs. lou: what is your reaction totie that injunction against the contraceptive mandate? >> it is a surprisingri, in
serious proposals to reduce the deficit and really end our national debt. potentially, a significant blow to the obamacare controversial o contraceptive mandate. the eighth circuit court of appeals in the preliminary injunction to stop the mandate for being enforced against the missouri catholic businesswne owners.the li the list of statesst o now, refg to set up state-run health care exchanges for insurance. it is growing. arizona becomes the latest to telling federal government but it will...
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Dec 27, 2012
12/12
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FBC
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medicaid deficit finance right now. those are key parts of a safe bet that we'll b will be fallinr their own financial weight unless they are fixed. what we really have to do on behalf of the next generation. gerri: they want to raise the debt ceiling again, as a matter of fact by monday we will be out of dough. it is unconscionable to me we are in this position again. let's remember what happened last time. the market sold off, the economy went into the tank. will that happen all over again? >> i think it is a serious possibilities out like to make that they don't mix the debt ceiling in with the fiscal cliff. we have to get to next without a self-inflicted recession and take on the debt ceiling which a symptom of the national debt. if we can deal with the national debt, we can get a deal on the debt ceiling. but that is a lot of work. gerri: the war of words going on is not helping. harry reid saying it is republicans fault and somebody from boehner's office said harry reid has to talk less and legislate more. it is c
medicaid deficit finance right now. those are key parts of a safe bet that we'll b will be fallinr their own financial weight unless they are fixed. what we really have to do on behalf of the next generation. gerri: they want to raise the debt ceiling again, as a matter of fact by monday we will be out of dough. it is unconscionable to me we are in this position again. let's remember what happened last time. the market sold off, the economy went into the tank. will that happen all over again?...
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Dec 31, 2012
12/12
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> reporter: republicans say to be fair the president must focus on entitlement reform to reduce the deficit. >> are you prepared to do that in your first year of your second term. >> what i said i'm prepared to do everything i can to make sure medicare and social security are there not just for this generation but future generations. >> reporter: despite the current gridlock the president says he mains optimistic but asserted democracy is messy. >> one way or another we'll get through this. to i wish that things were more orderly in washington? and rational and people listen to the best arguments and compromise and operate in a more thoughtful and organized fashion? absolutely. but when you look at history that's been the exception rather than the norm. >> now here is your "first look" at this morning's dish of scrambled politics. a new the die found the long lines in central florida on election day discouraged as many as 49,000 people from voting. on "meet the press" nbc's tom brokaw says there's a simple explanation for what's wrong with our elections and the lawmakers sent to washington.
> reporter: republicans say to be fair the president must focus on entitlement reform to reduce the deficit. >> are you prepared to do that in your first year of your second term. >> what i said i'm prepared to do everything i can to make sure medicare and social security are there not just for this generation but future generations. >> reporter: despite the current gridlock the president says he mains optimistic but asserted democracy is messy. >> one way or another...
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Dec 26, 2012
12/12
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CSPAN
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eye 90
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that would cut the deficit in half. that would affect the ability to finance this larger government than he has created. so that would be consistent with his vision. then we would have a cry for tax reform act of top rates on the wealthy would be too high if you are running a small business. so they would eliminate some deductions. the tax burden overall would be about the same. and the deficit if with starts to wind down. the problem is president obama has also presided over a french- style growth rates of 2% per year. is not the worst of jamee have been been in the post world war era. -- this is not the worst jam. reagan had the economy growing at 6%. whereas mr. obama, to%. the downside has been the notion of accepting a much slower broken. longer-term, the pyramid of our society is getting more like a column, because we're having more and more older people -- people are living older and we can raise the retirement age. even with that we will have a larger elderly population to take care of. 2% growth becomes very di
that would cut the deficit in half. that would affect the ability to finance this larger government than he has created. so that would be consistent with his vision. then we would have a cry for tax reform act of top rates on the wealthy would be too high if you are running a small business. so they would eliminate some deductions. the tax burden overall would be about the same. and the deficit if with starts to wind down. the problem is president obama has also presided over a french- style...
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Dec 28, 2012
12/12
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FOXNEWSW
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. >> warren buffett could pay off the deficit he wanted to. but it is to be that a deal will happen after january 1. does that make any difference? >> yes, it does. i think some of all this panic is a little bit overwrought. if they don't reach a deal in the next 22 hours or so, then we go into january, and the stakes get so much higher. as you said, people will start feeling immediately the effect of those higher taxes. and that will put the pressure on the congress and president reach a deal. if they don't reach a deal on december 31, which is my prediction, i believe sometime before the end of january, they will reach a deal. but my goodness. one of the things that is frustrating is we have known this day was coming for the last two years. yet here we are, 72 hours away and we don't have a resolution. gregg: this is a contrivance that they are desperately trying to fix. our member the president said in a debate, the debate, he said that i didn't come up with this. then bob woodward came out and said, yes, you did. you know, both a top aide
. >> warren buffett could pay off the deficit he wanted to. but it is to be that a deal will happen after january 1. does that make any difference? >> yes, it does. i think some of all this panic is a little bit overwrought. if they don't reach a deal in the next 22 hours or so, then we go into january, and the stakes get so much higher. as you said, people will start feeling immediately the effect of those higher taxes. and that will put the pressure on the congress and president...
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Dec 25, 2012
12/12
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LINKTV
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>> attention deficit hyperactivity disorder. and there are about half-a- million kids in this country receiving heavy-duty anti- psychotic medications, medications such as are usually given to adult schizophrenics to regulate their hallucinations. but in this case, children are getting it to control their behavior. so what we have is a massive social experiment of the chemical control of children's behavior, with no idea of the long-term consequences of these heavy-duty anti-psychotics on kids. and i know that canadians statistics just last week showed that within last five years, 43 there's been a 43 percent increase in the rate of dispensing of stimulant prescriptions for add or adhd, and most of these are going to boys. in other words, what we're seeing is an unprecedented burgeoning of the diagnosis. and i should say, really, i'm talking about, more broadly speaking, what i would call the destruction of american childhood, because add is just a template, or it's just an example of what's going on. in fact, according to a rec
>> attention deficit hyperactivity disorder. and there are about half-a- million kids in this country receiving heavy-duty anti- psychotic medications, medications such as are usually given to adult schizophrenics to regulate their hallucinations. but in this case, children are getting it to control their behavior. so what we have is a massive social experiment of the chemical control of children's behavior, with no idea of the long-term consequences of these heavy-duty anti-psychotics on...
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Dec 31, 2012
12/12
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FOXNEWSW
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won't do anything for the deficit at all. if you raise taxes on anybody at this moment, and we are going to, the economy will suffer. rick: i'm hearing from our colleague chad pergrum who covers capitol hill from us not to expect to hear from the speaker of the house john boehner after we hear from the president at 1:30pm. speaker boehner tried to put plan b of his own on the table and ended up not having the republican support for it, so he pulled back. as business watches these negotiations take place, and we heard from senator thune in mike emanuel's report a minute ago what is the reaction of the business community at this function that is on display in our nation's capitol. >> despair, anger frustration. if you go forward into 2013 not addressing spending, in fact the president wants to raise spending on struc infrastructure you go forward into next year doing that with tax increases on upper income people and some small business owners you will slow the economy down. business does not want a slower economy, it wants a m
won't do anything for the deficit at all. if you raise taxes on anybody at this moment, and we are going to, the economy will suffer. rick: i'm hearing from our colleague chad pergrum who covers capitol hill from us not to expect to hear from the speaker of the house john boehner after we hear from the president at 1:30pm. speaker boehner tried to put plan b of his own on the table and ended up not having the republican support for it, so he pulled back. as business watches these negotiations...
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Jan 1, 2013
01/13
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CSPAN
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we were paying down the deficit. things were going well under bill clinton, under that tax system, and that's what we'll go back to tomorrow. what's so bad about that? well, what's happened is in the last ten years a lot of people have gotten very rich in this country. very rich. and now they want to protect their wealth. and that's what they want to do. they want to lock in this system on estate taxes and lower tax rates up to $450,000 or $500,000 or a million or whatever they want. they want to lock that in. i think it's time for them to start paying their fair share, and they did under the clinton tax provisions that we had in place at that time. so to go back to the tax provisions that we had under bill clinton doesn't frighten me one bit. but now we hear the same song and dance from the republicans. if we do that, the sky's going to fall. the world will end tomorrow. the markets will just go all to heck. we heard that in 1993, and it was wrong. we're hearing it again today about what will happen if we go back to
we were paying down the deficit. things were going well under bill clinton, under that tax system, and that's what we'll go back to tomorrow. what's so bad about that? well, what's happened is in the last ten years a lot of people have gotten very rich in this country. very rich. and now they want to protect their wealth. and that's what they want to do. they want to lock in this system on estate taxes and lower tax rates up to $450,000 or $500,000 or a million or whatever they want. they want...
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Dec 31, 2012
12/12
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LINKTV
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deficit and debt problem that actually things would be ok, not as abad adds we think. many of the issues don't kick in on january 1, they kick in later in the year, maybe as late as july or august, so politicians actually have time to sort out some of the key issues. nonetheless, the politicians, in particular president obama and i think the key leaders of the democratic party and the republican party here of the congress, they really don't want to be the ones sitting in the top offices when washington couldn't stop the ut from going through what could be a very, very potentially serious budget crisis. >> all right. keeping an eye on those important negotiations for us in the senate. thanks so much. >>> 21 policeman have been found dead in northwest pakistan after being kidnapped by the taliban last week. one man managed to escape arks --, and audio is fighting for his life in hospital. >> fighting for his life in a peshawar hospital, one of two survivors of an attack in the tribal region. 21 of his colleagues were captured at this check point and two others like it la
deficit and debt problem that actually things would be ok, not as abad adds we think. many of the issues don't kick in on january 1, they kick in later in the year, maybe as late as july or august, so politicians actually have time to sort out some of the key issues. nonetheless, the politicians, in particular president obama and i think the key leaders of the democratic party and the republican party here of the congress, they really don't want to be the ones sitting in the top offices when...
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Jan 1, 2013
01/13
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CSPAN
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cut the deficit. however, we can cut the deficit by taxing the wealthy more and $250,000 is wealthy. they also will not consider cutting corporations loopholes or raising taxes on corporations. they will not consider cutting military even though we have gotten out of one war. if we cut poor people top fund military corporations and the wealthy we're going to hurt our economy. it's going to -- our economy is going to tank. host: that is joeian. once again, waiting for house to come back -- they are in recess subject to the call of the chair. as our guests of the "washington times" told us when they come back into the session, the rules committee has to come back first to create the rules for the current senate bill or amend the bill. we have a lot going on today on this first year of 2013. this is the current 112th congress. the new congress gets seated, 113th congress gets seated on thursday. a lot of these members that are taking part in the discussion will not be in the next congress. so that new co
cut the deficit. however, we can cut the deficit by taxing the wealthy more and $250,000 is wealthy. they also will not consider cutting corporations loopholes or raising taxes on corporations. they will not consider cutting military even though we have gotten out of one war. if we cut poor people top fund military corporations and the wealthy we're going to hurt our economy. it's going to -- our economy is going to tank. host: that is joeian. once again, waiting for house to come back -- they...
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Dec 31, 2012
12/12
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WTTG
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that any damage can be a problem, but in this case, there was no focal deficit, the person was normal. >> second clinton's doctors say that to help the clot dissolved, they are treating her with blood thinners. >>> still ahead, it is time to say so long to 2012, and hello to 2013. coming up, people have already started to pile into times square for tonight's big ball drop. we'll take you live to new york city when the news edge returns. irene, drop the itch. we dropped the itch, you can too. with maximum strength scalpicin®. it's not a shampoo so you can stop intense itch fast, wherever you are. i dropped the itch. free yourself from embarrassing scalp itch. drop the itch with maximum strength scalpicin®. also available scalpicin® 2 in 1, itch relief plus dandruff control. >>> so where will you be withl the ball drops tonight? nearly 1 million people are expected to crowd that times square in new york city. craig boswell was live. has the party started yet? >> reporter: it certainly has.ce good evening, look, peopleok , started streaming into times square early this afternoon,af ri
that any damage can be a problem, but in this case, there was no focal deficit, the person was normal. >> second clinton's doctors say that to help the clot dissolved, they are treating her with blood thinners. >>> still ahead, it is time to say so long to 2012, and hello to 2013. coming up, people have already started to pile into times square for tonight's big ball drop. we'll take you live to new york city when the news edge returns. irene, drop the itch. we dropped the itch,...
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Dec 31, 2012
12/12
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WTTG
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however, in this case, there was no focal deficit. the person was normal except foc headache or other manifestations that we don't know, but the fact that you're doing well, it looks like all you need to do is be given blood thinner. she should be completely normal. >> and but here's the question, the concern i had. this is her second blood clot, o couple yearsod ago, she suffered one in her leg.eg the fact that it's happened again, is there, should there bd more of a concern now? >> well, the previous blood clot was in the oleg, and those are - they only go to the lungs, they don't go to the brain, but thet treatment is the same. the you do give the same anti coagulants. so in this case, this is the first time she had it in the head, and basically, probably was ala variety of factors, the trauma, the dehydration, infection. i think that the anti coagulation, i think there's a chance she can completely recover. >> can blood clots be prevented? >> to an extent, by hydration, making sure there's no inflammatory component, so streeting i
however, in this case, there was no focal deficit. the person was normal except foc headache or other manifestations that we don't know, but the fact that you're doing well, it looks like all you need to do is be given blood thinner. she should be completely normal. >> and but here's the question, the concern i had. this is her second blood clot, o couple yearsod ago, she suffered one in her leg.eg the fact that it's happened again, is there, should there bd more of a concern now?...
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105
Dec 28, 2012
12/12
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CSPAN
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eye 105
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they did not show as a deficit. while the budgets looked reasonable during that time, the actual spending was greater. people did not pay as much attention to the debt. it just kept mounting and growing. we borrowed to pay for the worse when we did not ask people to make sacrifices financially. there is a difference between borrowing in the future, pang forward and backwards, or having to pay right now. people might have felt differently if they had felt a pinch right at the time. they would have asked different questions than were asked. that is one of the reasons we got where we are. >> could you have been any more vocal about appropriations? >> i was vocal. when i got on the appropriations committee, i became chairman of the legislative branch. that is everything, all of the buildings. office buildings, 1700 capitol police forces, and all of their help, support staff. i held the growth flat. then we cut it by almost 5%. this time around, we let it grow a little bit higher. protect the dome so it did not fall in.
they did not show as a deficit. while the budgets looked reasonable during that time, the actual spending was greater. people did not pay as much attention to the debt. it just kept mounting and growing. we borrowed to pay for the worse when we did not ask people to make sacrifices financially. there is a difference between borrowing in the future, pang forward and backwards, or having to pay right now. people might have felt differently if they had felt a pinch right at the time. they would...
90
90
Dec 27, 2012
12/12
by
CSPAN
tv
eye 90
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they say, almost every day, at the top of the list is the deficit. get the deficit under control. until we actually did it in the 1990's. why did i have this single- minded focus? because i've always understood the most important responsibility of government is the economic security of the people. if you do not have or fiscal affairs in order, we have learned in the economic downturns of my state that debt can work for you. it can also crushed you. i have seen people crushed by debt. i have not wanted to see the country go through those same problems. my family lived through the great depression in the 1930's. exacted a terrible toll on the people of my state. i have always been very focused on economic growth, economic opportunity, and being responsible with the resources that you have. >> during the last campaign, we frequently heard from the republican candidate that this country could become like greece. do you see that as a possibility? >> no, i do not see that as a -- i do not see us becoming a light breeze. it is a profoundly different situation. i do see the possibility th
they say, almost every day, at the top of the list is the deficit. get the deficit under control. until we actually did it in the 1990's. why did i have this single- minded focus? because i've always understood the most important responsibility of government is the economic security of the people. if you do not have or fiscal affairs in order, we have learned in the economic downturns of my state that debt can work for you. it can also crushed you. i have seen people crushed by debt. i have not...
200
200
Jan 1, 2013
01/13
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KQED
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eye 200
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. >> the revenue that has beencams being used not to reduce deficit but to keep spending cogs that s that have been agreed to from not happening. >> suessy it looks like a source negotiating right now to come up with a to 20 to 30 billion three need to move it back to two to three months and that seems to be going well. talk us through the steps over the next couple of days. let's assume we go over the cliff and there is a good chance of that. can we assume that the democrats and represent republicans are ch they are going to sign off in the next couple of days or has the dynamics changed. >> my new years resolution is tl ball. >> glad to hear that. >> it will take a lot.the sensr and they expect to have a vote by the time the ball drops or maybe just after. the house looks like it's going to come back at 12:00 tomorrow. that's the most difficult part. >> we are hearing that perhapsnt get a lot of democratic votes to pass wha whatever the central gs tomorrow. if it doesn't come together tomorrow it will come together soon. >> susie: we are listening forwe listening to this drama. how
. >> the revenue that has beencams being used not to reduce deficit but to keep spending cogs that s that have been agreed to from not happening. >> suessy it looks like a source negotiating right now to come up with a to 20 to 30 billion three need to move it back to two to three months and that seems to be going well. talk us through the steps over the next couple of days. let's assume we go over the cliff and there is a good chance of that. can we assume that the democrats and...